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20121205
20121213
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Search Results 0 to 7 of about 8
KICU
Dec 4, 2012 7:00pm PST
removed from the house budget committee where elements of a fiscal cliff deal are to be considered. meanwhile president obama held his ground insigs on higher tax rates for the top 2% of the wealthiest americans. >>> the political wrangling but a damper on wall street as stocks finished slightly lower in a light strad trading day. the dow jones industrial lost 13, the nasdaq shed 5. shares in oakland-based pandora are plum etting after hours. the internet radio company posted better-than-expected quarterly results but lowered its outlook for the rest of the fiscal year. the company is facing stiffer competition from the likes of apple and microsoft. both companies are launching their own music service. pandora shares dropped 17% after the closing bell. >>> now, numbers and new numbers show home sales in california remain steady, a sign of the recovering housing market, but as john reports, in one bay area community, the supply of homes on the market is as tight as can be. >> tuesday's in walnut creek are normally reserved for real estate brokers to tour each other's available homes, but today the inventory was anything but normal. >> there are very f
KICU
Dec 12, 2012 11:30pm PST
yuille, and 45-year-old steve forsyth. >>> he said that the fiscal cliff must be avoided with both tax increases and spending cuts. >> it will be critical that fiscal policymakers come together soon to achieve longer term fiscal sustain ability without adopting policies that could derail the ongoing recovery. >> bernanke said the fed will keep interest rates very low. he says it could take three more years. bernanke's comment initially set the markets up, but then they dropped without resolution on the fiscal cliff. the nasdaq dropped 8.5. >>> near freezing conditions. i'm show you how cold it will be where you live in the morning. >> then a baby was born right in the middle of this bay area street and nearly died. the choice two officers made >>> another porch pirate has struck in an east bay neighborhood. reports of stolen packages have recently spiked. >> reporter: tis the season i guess. the department tells me, it's receiving 3 to 5 reports a day. one of those thefts happened here on logan drive. that security camera caught the crook who circled twice before making his move. >> watch as he
KICU
Dec 5, 2012 7:00pm PST
effort to avoid the fiscal cliff. >> let's allow higher rates to go up for the top 2% that include all of you, ewhy. >> the bet business leaders in washington, d.c. after word he spoke by phone john boehner. they provide new details to the conversation. the republican plans include $60 billion in spending cuts to federal healthcare programs. >> we have to cut spending and i believe it's appropriate to put rev news on the. >> speaker boehner says his plan will bring in $800 million in new tax revenue. >>> on wall street stocks closed mix. nasdaq fell by 22. led by apple. analyst today suggests am could lose ground to competing android products. >>> big cuts coming to cityback. 11,000 jobs worldwide. that'll save more than a billion dollars a year in expense. bank plans to scale back consumer operation in other country. not sure how many jobs cut in the u.s. >>> and the annual tree lighting ceremony. >>> the tree lying with a help of ten-year-old boy who has autism. the tree is a 50-footal white fir. it's decorated with onments made by disabled children and adults. >>> and more one wante
KICU
Dec 10, 2012 11:30pm PST
. >> reporter: their chance to tax the rich more to avoid going over the fiscal cliff echoed that of the president today. >> what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need. and then we asked the wealthiest americans to pay a slightly higher tax rate. >> reporter: some republicans now urging their party to give the 39.6% tax rate he wants on those who make more than $250,000. so the gop might get changes to social programs. >> toward 16 trading debt is it responsible to keep borrowing money and never address why you're in debt in the first place. >> reporter: some analysts say the deal needs to be hammered out by this thursday to be finalized by the end of the year. the president and the gop were silent and that's considered a positive sign. rita williams, ktvu channel 2 news. >>> more details now a new poll suggests that americans favor raising taxes on the well to do and large corporations. 60% of respondents support raising taxes on household that is earn more than $250,000 a year. and 64% want to raise taxes on large corporations. that's according to the
KICU
Dec 11, 2012 7:00pm PST
on the fiscal cliff. that is a tad lower in san jose. if democrats and republicans don't reach an agreement by the end of this year. >>> on wall street stocks rose for a fifth consecutive day. the dow industrial gained 78 points, nasdaq gained 35 led by apple's 2% gain. >>> some immigrant students could soon have their dreams of a college education become reality thanks to a big gift to uc berkeley. today uc berkeley announced a $1 million gift to provide scholarships for low-income, undocumented students. the students qualify for state financial aid but not federal grants or loans. undocumented immigrants and counselors say new money will help fill that gap. >> money to go to school, money to, like, you know, pay for your rent, money to buy food. >> what it tells our stunts that if you work hard and you get into uc berkeley, now you have support. >> uc officials say they plan to work with other colleges in california to help them build programs for undocumented students. >>> the biggest tides of the year are rising along the coast this week. the tides expected to peak on thursday
KICU
Dec 12, 2012 7:00pm PST
sentiments which fell in part because of concerns about the fiscal cliff. >> the fed also says that they believe the financial crisis will be resolved without significant long term damage. the dough snapped a fife day winning streak finishing two points lower. >> attacks cut which -- a tax cut which means give -- do i detect your smirk as to mean that republicans won't vote and >> she be blames republicans for reaching the agreement. she says republicans are holding mild income tax cuts hostage. gop leaders blame president obama for the delay. >>> fremont police want you take a close look at video we're about to show you because it could help them catch a three. investigator northeast video. you can see it shows a man approaching a grove. he running back to his car right in front of house. police say the car there may be a honda civic. police asked if you recognize the man or the car please please call them. >>> there's one person that's saying there's a man with a rifle. >> frantic 911 calls. a moment the gunman opened fire in a oregon shopping mall. mall. >>> the tide is the lot pep it tomorrow it will bat highest point of the year. >>> bakelite 7:20 it's going to be real cold tomorrow. the showers out there. i'll let you know when the showers pick up and how cool it will
KICU
Dec 5, 2012 11:30pm PST
your tax dollars. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of t
KICU
Dec 4, 2012 11:30pm PST
so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not? >> i don't. >> reporter: a poll shows more americans think they will not agree. 49 to 40%. and if they don't an automatic spending cuts and tax increases take effect. americans by two to one say they will blame republicans more than the president. but that didn't stop both sides from criticizing the others proposals. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work there. >> when you look at the map it doesn't work. >> reporter: an attempt take place in january. >>> we want to ask him about a homicide. >>> live storm tracker 2 picking up showers showing up aroun
Search Results 0 to 7 of about 8